Announcement Date: 2023-02-27
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Lode Resources Ltd.
Project name: Webbs Consol
Location: Australia
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 116.1m at 254g/t Ag, 6.35% Pb, 8.35% Zn, 0.24% Cu, 0.02g/t Au from 90.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Lode Resources Ltd (ASX:LDR or ‘Lode’ or ‘the Company’) is pleased to announce that it has commenced the next phase of diamond drilling at the Webbs Consol Silver-Base Metals Project with 26 holes totaling approximately 5,000m planned. Subsequent to the success of the previously reported drill holes, including WCS045 returning 116.1m @ 1,003 g/t AgEq from 90.9m at the Tangoa West prospect as well as WCS019 returning 26.7m @ 421 g/t AgEq and WCS044 returning 54.0m @ 304 g/t AgEq, this phase of drilling will test down dip extensions below previously announced thick high-grade holes at Tangoa West, Main Shaft and the Copycat Lodes in addition to testing new targets. Tango West will account for the majority of drill holes with 11 holes totaling approximately 3,000m planned.
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